Inventories

Inventories comprise the following:



	March 31, 2014		September 30, 2013		March 31, 2013
Non-utility LPG and natural gas	$	251.4	$	230.0	$	220.3
Gas Utility natural gas	7.5		78.9		5.4
Materials, supplies and other	65.5		56.6		66.7
Total inventories	$	324.4	$	365.5	$	292.4

At March 31, 2014, UGI Utilities is a party to four storage contract administrative agreements (“SCAAs”) having terms of one to three years. Pursuant to SCAAs, UGI Utilities has, among other things, released certain storage and transportation contracts for the terms of the SCAAs. UGI Utilities also transferred certain associated storage inventories upon commencement of the SCAAs, will receive a transfer of storage inventories at the end of the SCAAs, and makes payments associated with refilling storage inventories during the term of the SCAAs. The historical cost of natural gas storage inventories released under the SCAAs, which represents a portion of Gas Utility’s total natural gas storage inventories, and any exchange receivable (representing amounts of natural gas inventories used by the other parties to the agreement but not yet replenished), are included in the caption “Gas Utility natural gas” in the table above.

As of March 31, 2014, UGI Utilities had SCAAs with Energy Services and a non-affiliate. The carrying values of natural gas storage inventories released under SCAAs with non-affiliates at March 31, 2014 and September 30, 2013, comprising 0.2 billion cubic feet (“bcf”) and 0.6 bcf of natural gas, were $0.8 and $2.4, respectively. UGI Utilities did not have any SCAAs with non-affiliates at March 31, 2013.